Home Depot says it was hacked to the tune of 56 million payment cards. What is behind the current wave of cybercrime? This recorded presentation offers answers and some defensive strategies for organizations at risk.

The blame game rages on in the wake of Celebgate and massive payment card hacks like Home Depot and Target, as though criminals were not the only people responsible for nude photo leaks and data theft.

FBI names as “Most Wanted” the leader of cyber criminal gang based in Russia and Ukraine responsible for both GameOver Zeus and Cryptolocker schemes, as law enforcement agencies crack down on cyber crime infrastructure.

Update: It seems like the initial article is inaccurate and that Paul Rellis never made any such comments about a 14 year old breaking into the X-Box live servers and have not offered to mentor him http://kotaku.com/5805742/microsoft-is-helping-an-xbox-live-hacker-develop-his-talent TekGoblin reports (http://www.tekgoblin.com/2011/05/27/14-year-old-call-of-duty-hacker-hired-by-microsoft/) that a teenager who broke into the Call of Duty Modern Warfare 2 gameservers last